PriceSmart traded at $171.07 this Wednesday June 3rd, increasing $1.50 or 0.88 percent since the previous trading session. Looking back, over the last four weeks, PriceSmart gained 11.73 percent. Over the last 12 months, its price rose by 61.16 percent. Looking ahead, we forecast PriceSmart to be priced at 166.61 by the end of this quarter and at 156.86 in one year, according to Trading Economics global macro models projections and analysts expectations.
PriceSmart, Inc. is an owner and operator of the United States (U.S.) style membership shopping warehouse clubs. The Company and its subsidiaries are principally engaged in the international operation of membership shopping in approximately 47 warehouse clubs located in over 12 countries and one U.S. territory that are located in Central America, the Caribbean and Colombia. In addition, it operates distribution centers in the United States. The Company's segments include the United States, Central America, the Caribbean and Colombia. It sells private label consumer products, offers prepared foods through its bakeries and food courts with the option for delivery, and in certain clubs it provides services such as optical and tires to individuals and businesses. The Company also operates a package forwarding business and marketplace business under the Aeropost banner in approximately 38 countries in Latin America and the Caribbean.